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July 4, 2008

Company: Gaming Transactions Inc.
Pink Sheets: GGTS

Keno.com Engages Progenero Inc. to Manage Operations.

Keno.com Ltd. (UK), a wholly owned subsidiary of Gaming Transactions Inc. (Pink Sheets:GGTS) and a leading provider of online gaming portal management, is pleased to announce it has signed a contract with Progenero Inc. to manage specific portions of the operations at Keno.com.

Progenero is an online casino management company that specializes in the day-to-day management of specific operations. They provide administration to a number of companies that have online poker sites, internet casinos, sportsbooks, lotteries and pari-mutuel racing.

Progenero is based in San Jose, Costa Rica, the Central American city termed by CBS News as "The Internet's Las Vegas." See www.Progenero.com

Under the terms of the agreement, Progenero will manage:

-- Customer Service including web based and telephone support

-- Technical Support (IT)

-- Email marketing

-- CRM (Customer Relationship Management)

Keno.com decided to outsource some of its operations early on during the planning stages of the organization to reduce overhead and minimize risks. By maintaining long-term secure partnerships with a few outside companies, Keno.com plans to deliver superior returns by continuing to go after best-of-breed solutions that provide cost-effective, high-value services.

Keno, the game, is one of the highest-grossing products for many public gaming corporations. Easy to play, quick, and profitable, Keno has become a favorite to players who desire the excitement of a lottery draw without having to wait for weekly draws.

About the Company

Gaming Transactions Inc. is a developer and provider of online games and services for the online entertainment and gaming industries. The Company's central licensed games portal, www.keno.com, is a destination online gambling property where players may participate in a number of gambling and online gaming fixtures.

Please visit www.gamingtransactions.com


DISCLAIMER:
This press release may contain forward-looking statements which are pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that actual results may differ materially and all forward-looking statements involve risks and uncertainties including, without limitation, risks associated with the Company's financial condition and prospects, legal risks associated with Internet gaming and risks of governmental legislation and regulation, risks associated with market acceptance and technological changes, risks associated with dependence on third party software providers, risks relating to international operations, and risks associated with competition.


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